• Q : Describe the purpose and objective of accounting....
    Accounting Basics :

    You have been asked by the CEO of your company to give a presentation to the students at a local college. You were specifically asked to discuss the role of an accountant.

  • Q : Inventory accounting methods....
    Accounting Basics :

    Coverall Carpets Inc. is planning to borrow $12,000 from the bank. The bank offers the choice of a 12 percent discount interest loan or a 10.19 percent add-on, one-year installment loan, payable in 4

  • Q : Make journal entries to record transactions....
    Accounting Basics :

    On the 1st December 2011, Betty, Alvin and Yogee started a watch trading company, Baywatch Pte. Ltd. with a paid up capital of $150,000 to be subscribed equally by the three.

  • Q : Allocating joint costs....
    Accounting Basics :

    Explain the three methods used to allocate the joint costs. What are the advantages or disadvantages of each allocation method? Which method would you propose?

  • Q : Budgets and employee morale....
    Accounting Basics :

    Describe how budgeting was incorporated to accomplish the company's overall goals and objectives. Reflect on whether or not the budgets were efficiently applied and whether your experience was

  • Q : Capital investment evaluation....
    Accounting Basics :

    Choose one of the capital investment evaluation techniques. Completely describe the capital evaluation method's strengths and weaknesses.

  • Q : Ranking investment alternatives....
    Financial Accounting :

    Rank the projects by using the profitability index. Considering the limit on funds available, which projects must be accepted?

  • Q : Bond selling at premium or a discount....
    Accounting Basics :

    Suppose interest rates for bonds today is 5 percent for an AAA rated bond. Compute the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount?

  • Q : Present-future values and expected returns....
    Accounting Basics :

    We analyzed two significant topics in finance: (a) present and future values and (b) security valuation.

  • Q : Writing script to explain capital budgeting....
    Accounting Basics :

    Write down a script to explain capital budgeting considerations which you think are significant for managers to consider. Your script must be 200 to 250 words.

  • Q : Costs of capital for various operating divisions....
    Accounting Basics :

    Corporations frequently use various costs of capital for various operating divisions. By using an illustration, compute the weighted cost of capital (WACC).

  • Q : Legal action against a foreign business partner....
    Accounting Basics :

    Write down some practical considerations of taking legal action against a foreign business partner based in the other country?

  • Q : Legal aspects and financial standards....
    Accounting Basics :

    Write down a 1,200 to 1,500 word paper describing the legal aspects, financial standards comprised, and ethicality of the Excello Telecommunications case. Your paper must comprise the given:

  • Q : Conclusion of a corporate financial audit....
    Accounting Basics :

    Explain four types of audit opinions Green and Associates might give at the conclusion of a corporate financial audit.

  • Q : Sequence of information....
    Accounting Basics :

    Your friend is getting ready to write down a business plan for a new business.

  • Q : Amount of investment in assets....
    Accounting Basics :

    In the spotlight regarding FedEx Corporation, you get a feel for the amount of investment in assets and the resulting liabilities which are required to operate a competitive corporation.

  • Q : Income statement equation approach....
    Accounting Basics :

    Use the income statement equation approach to calculate the number of flags Kincaid should sell each year to break even.

  • Q : Balance sheet of a retailer....
    Accounting Basics :

    A review of the balance sheet of a retailer, like Wal-Mart, will disclose that in current assets the majority investment is in inventory

  • Q : Accrual accounting principles....
    Accounting Basics :

    Adjusting Entries are needed at the end of the period to make sure that accrual accounting principles are applied.

  • Q : Generally accepted accounting principles....
    Accounting Basics :

    The accounting profession follows a set of guidelines for measurement and disclosure of the financial information termed as the Generally Accepted Accounting Principles (GAAP).

  • Q : Sole proprietor-partnership and corporation....
    Accounting Basics :

    When forming a company, the options are sole proprietor, partnership, and corporation. Most select incorporation. Why is the corporate form seen to be best? What rights do the stockholders encompass

  • Q : Break-even in either unit or total dollar sales....
    Accounting Basics :

    Find out the monthly break-even in either unit or total dollar sales.

  • Q : Company'' cash budget....
    Accounting Basics :

    equired: Make the company's cash budget for October in good form.

  • Q : Making journal entries-stock....
    Accounting Basics :

    Make journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the given independent case

  • Q : Correlation analysis of wal-mart annual net income....
    Accounting Basics :

    By using Microsoft Excel, make a correlation analysis of Wal-Mart's annual net income over the past 10 years compared with Sears's annual net income over the past 10 years and interpret the results.

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